11:32 - 13.08.2026

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August 13, Fineko/abc.az. Turkish carrier Pegasus Airlines generated €865 million in revenue during Q2 2026, beating the market consensus of €847 million. However, soaring jet fuel prices driven by Middle East turmoil and reduced international passenger traffic resulted in a €92 million net loss for the quarter.

Total passenger volume slipped 1% to 10.5 million, with international traffic contracting 11% to 6.1 million. EBITDA topped expectations at €80 million (versus €62 million expected), while fuel costs jumped 58% to €340 million.